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20100901
20100930
Search Results 0 to 7 of about 8 (some duplicates have been removed)
for holding up his tax plan to prop up small businesses and the middle class nbc's tracie potts joins us for more. >> increasingly, democrats disagree with him over taxes and republicans are digging in, not good sign for a compromise seven weeks before an election. how to win a tax fight and an election? first, solidify the base. >> don't forget who is standing with you and who is standing against you. >> reporter: then put pressure on your opponent. >> we simply don't have time any more to play games. >> reporter: extending tax cuts to americans earning over $250,000 has become the lightning rod for a nasty partisan fight heading into november. republicans aren't wavering. >> republicans are united. no tax increases on nobody. >> reporter: even house leader john boehner who suggested sunday he might support the president is now backing off. >> if that is your only option as you said sunday, would you vote -- >> i want to extend all of the current tax rates -- >> reporter: tuesday's primary appears to have excluded both sides. analysts say tea party wins could back fire on republicans. >
joins us from washington with the latest. good morning, tracie. >> amara, good morning. what to do about taxes? the senate has confirmed what the house said, that this is not going to happen before you go to the polls in november. senate democrats got together, but could not agree on how to move forward. the issue is whether or not to preserve the bush tax cuts for everyone or just for the middle class and let taxes go up on the wealthy. it is a political hot potato headed into november, not one that the democrats now say they want to touch before you go to the polls. however, what they did back, a small business bill, $30 billion, a new fund to help small businesses get loans. this was mainly a democratic issue. the idea here is that if businesses have more cash, they'll hire people, buy equipment, expand and help pull this economy out of a slump. the gop called it a bailout. their plan is their new pledge to america. a government that's too big is something they say they want to get rid of if they are elected in november. they also want to expand tax cuts and several other measures tha
today," plugged up. the blown-out bp well that caused thelarges oil spill in u.s. history is finally declared dead. >>> home sweet home. an american hiker jailed in iran for more than a year speaks out. >>> and house arrest. actor randy quaid and his wife in hot water again. actor randy quaid and his wife in hot water again. this time, accused of sqtting. captions paid for by nbc-universalelevision >>> hello and gd morning, i'm lynn berry. and today we begin with mission finally accomplished. bp says a permanent al is now in place on its blown-out well at the bottom of the gulf of mexico. however, killing the catastrophic well off is a bittereet victory for gulf coast residents, who fear they'll be battling the effects of the nation's worst environmental disaster for years to come. nbc's jay greg has our report. >> reporter: it began april 20th with a massive fireball and deadly flames cutting through the nigh air. as the deepwater horizon rig exploded, then collapsed, 11 lives were lost. and oil began to seep into the gulf, the start of the worst spill in u.s. history. no
back to work. nbc's tracie potts joins us from washington with more. tracy, good morning. >> lynn, good morning. traditionally labor day has been the day we celebrate american workers of the problem is, a lot of them, millions of them, are not working. president obama will deliver an increasingly difficult message urging them to hang on. this afternoon president obama spends labor day with union leaders in milwaukee. union leaders say what has traditionally been a day of celebration has become a day of frustration for many. >> 11 million people out of work, i have less to be thankful for than those on wall street doing quite well. >> reporter: unemployment creeped up to 9.6%. jobs are being created but not nearly fast enough to ploy the millions left jobless in this recession. today and in cleveland on wednesday, the president will talk about the slow recovery and urge congress to approve $100 billion in tax breaks for small businesses. >> that's really what the bottom line is, small businesses are the engine of growth. government doesn't create the jobs. all we do is help train people
a major step toward permanently plugging up the blownout well behind the worst offshore oil spill in u.s. history. for more on that, we go to kristin dahlgren, live in louisiana with more. good morning. >> good morning to you, lynn. day 150 and that relief well that they started drilling shortly after this all started has finally intersected with the mccondo well some 2 1/2 miles below the floor of the gulf. admiral thad allen said that the two wells were connected and that the next step was to pump mud and cement down into that well to permanently seal it off. obviously, great news for people in this area, but really just one step in their recovery. oil continues to wash ashore. and this week, thousands of dead fish. take a look at these pictures. looks almost like a graph grave there. scientists say it was caused by lack of oxygen and it's not uncommon here, but people are asking that the oil disbursants didn't play into that. tony hayward defended bp's safety record this week as he testified in britain. he said there's no need to rethink deep water drilling. meantime, here in louisian
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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